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$190,000
$249,900For salePrice drop↓ $59,900 (24%)

#10 140 AMBER Street, Markham (Milliken Mills West) - Business for Sale

#10 140 AMBER Street, Markham (Milliken Mills West), Ontario, L3R3J8

1 bath4,013 ft²Listed 27 days ago
Overview

This business in Markham is for sale offering roughly 4,013 sq ft of space. It has been on the market 27 days, fresher than the Markham average of 85 days.

Description

Rare Opportunity To Acquire A Fully Built-Out Commercial Bakery, Production Facility, And Front-Facing Retail Café In One Of Markham's Most Established Industrial Hubs. This Turnkey Business Offers Approximately 4,000 Sq. Ft. Of Functional Production Space Ideally Designed For High-Volume Bakery, Food Manufacturing, Catering, Or Commissary Operations. Fully Equipped With 4 Commercial Ovens, 3 Walk-In Coolers/Freezers, Extensive Production Equipment, 400-Amp 3-Phase Electrical Service, Two Truck-Level Loading Docks, And 25 On-Site Parking Spaces. Strategically Located Between Highways 404, 401 And 407, Providing Excellent Access For Distribution Throughout The GTA. Attractive Gross Rent Of $7,965/Month With 1 + 5 Years Remaining On The Lease (Subject To Landlord Consent). An Excellent Opportunity For Existing Food Operators, Manufacturers, Or Entrepreneurs Looking To Expand Or Establish A Central Production Hub. Also Available Is The Opportunity To Purchase The Entire Business Together With Its Flagship Downtown Toronto Café, Offering A Fully Integrated Retail And Production Operation. Full Training Available For A Smooth Transition. A Complete List Of Chattels And Equipment Will Be Attached. ***Please Do Not Go Direct Or Speak With Staff.*** (id:66096)

Property Details

MLS®
N13874560
Property Type
Business
Business Type
Food Services and Beverage
Zoning
M
Bathrooms
1
Interior Size
4,013 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
27 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
27d
Markham (Milliken Mills West) listings, avg age
85d
Price / ft²
$47
List price
$190K

Extended: 27 days on market, against an average age of 85 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Markham (Milliken Mills West) has been listed for 27 days, which is 58 days fresher than the city average of 85. Act while there is still low competition.

Listed by AVION REALTY INC. · DEVEN CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $190,000, about 2.0× the local median household income of $93,000.

Carrying it typically needs a household income of about $37,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$93,000
Population
62,060
Median age
46.4
Owner / renter
83% / 17%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$190,000· $47/ft²
For sale

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Financing

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$190,000

Markham

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